Dave, <<busy with reorganization plans>> is something <<new to say>>.
It happened before my arrival on this thread, the MAC and closing of the Bumbat Mine, but back then I would speculate that most all who
wanted the price of gold to raise thought that if it obtained momentum
for an increase, then surly it would continue at least for a while.
If those public statements from the Gold Anti Trust Action (GATA)
have validity, then maybe there will now be momentum to counter that
which has prevented that which would have happened.
To me, recent exposure in the last days related to Le Metropole Cafe
has identified to many people that something is possible to happen.
If so, then those who have done wrong will take steps to cover their
back side, and if it means to harm another, no problem for them.
Just as we start the day looking for new news, those who have controled
the price of gold know that it does exist, information, to identify what
they have done.
Its out there, and now more than last week and before, people are looking
for evidence of a concerted effort by those who benefited from a low and
flat price of gold.
I hope that those in Mongolia who can decide the outcome of Bumbat now
include in their plans a possibility of a soon, as in weeks or months,
of a rapid raise in the price of gold. I also hope that these same
people see the 20:1 consolidation voted yes so that they realize that
this MGR company is not going down the tube. And if the consolidation
does not pass, then many on this thread and Mongolia will be amazed that
this MGR company will continue, and those who dump their mgr shares will
see them be collected at lower than low prices by many, including me.
The stuff that has keep the price of gold low and down has created many
situations that are now not stable. What I say next is in poor taste,
but now its like a person needing a bathroom and others have not let
this person use the restroom, and and hold hold in or down longer and
longer.....until ... and then, what a mess is made.
Again, beauty is in the eyes of the person looking, and to me this mess
to happen will look wonderful, as others pain translate to our gain.
MGR is here, and will be here this time next year, with or without the
20:1 consolidation happening. MGR will wait for the price of gold to
increase, and when that happens Mongolia will want the profits from
Bumbat, but first will have to settle the MAC and Bank issue, and to
the satisfaction to MGR.
Doug |
